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SAP Certified Solution Consultant Financials - Financial Accounting with SAP ERP 2005 Sample Questions:

1. Profit and Loss using the Period Accounting and Cost of Sales Accounting:

A) In period accounting the sales revenue for a period and sales costs of the period are summarized.
B) In Cost of Sales accounting, the output of a period and the total cost of this period are summarized
C) The operating result can be different.
D) All of the above
E) None of the above

2. If a company code is not specified

A) the system automatically regards sending company code as paying company code
B) the system gives error
C) the system automatically derives paying company code

3. Highest priority for deriving functional area is:

A) Manual Entry
B) CO Master Data
C) Validation
D) CO document
E) Substitution

4. Account ID can be entered in:

A) Customer Master
B) Customer line items
C) Vendor Line items
D) Vendor Master
E) GL Master

5. Exchange rate differences in foreign currency balance sheet accounts are posted to various gains and losses accounts based on the ?-------------? That you enter in the G/L account master record.

A) exchange rate difference key
B) exchange difference account

Solutions: